ANDREASSEN AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

32,38 %

Current Ratio

1,4

Debt-to-Equity Ratio

2,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 469 000	6 741 000	5 141 000	3 654 000
Net Income	969 000	446 000	236 000	95 000
Total Assets	11 653 000	4 460 000	2 082 000	2 111 000
Total Equity	2 993 000	1 025 000	579 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 469 000	6 741 000	5 141 000	3 654 000
Expenditure	12 963 000	6 117 000	4 784 000	3 472 000
Operating Profit	1 505 000	623 000	357 000	183 000
Financial Income	0	0	0	0
Financial Costs	237 000	52 000	54 000	62 000
Financial Balance	−237 000	−52 000	−54 000	−62 000
Earnings Before Tax	1 269 000	571 000	302 000	121 000
Tax	300 000	126 000	67 000	27 000
Net Income	969 000	446 000	236 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 345 000	3 084 000	1 389 000	1 526 000
Total Current Assets	2 309 000	1 376 000	693 000	585 000
Total Assets	11 653 000	4 460 000	2 082 000	2 111 000
Total Retained Equity	1 913 000	945 000	499 000	263 000
Total Equity	2 993 000	1 025 000	579 000	343 000
Total Long-Term Debt	7 016 000	2 882 000	906 000	1 100 000
Total Current Debt	1 645 000	554 000	598 000	669 000
Total Equity and Debt	11 653 000	4 460 000	2 082 000	2 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 469 000	6 554 000	5 141 000	3 654 000
Other Income	0	187 000	0	0
Revenue	14 469 000	6 741 000	5 141 000	3 654 000
Cost of Goods Sold	570 000	342 000	168 000	38 000
Salary Costs	4 283 000	1 942 000	1 196 000	924 000
Depreciation	447 000	373 000	354 000	338 000
Impairment	0	0	0	0
Expenditure	12 963 000	6 117 000	4 784 000	3 472 000
Operating Profit	1 505 000	623 000	357 000	183 000
Financial Income	0	0	0	0
Financial Costs	237 000	52 000	54 000	62 000
Financial Balance	−237 000	−52 000	−54 000	−62 000
Dividends	0	0	0	0
Net Income	969 000	446 000	236 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 077 000	0	0	0
Machinery and Plant Facilities	5 236 000	3 070 000	1 371 000	1 505 000
Fixtures	12 000	15 000	18 000	21 000
Total Tangible Assets	9 324 000	3 084 000	1 389 000	1 526 000
Total Fiancial Fixed Assets	21 000	0	0	0
Total Fixed Assets	9 345 000	3 084 000	1 389 000	1 526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	838 000	401 000	440 000	57 000
Total Current Assets	2 309 000	1 376 000	693 000	585 000
Total Assets	11 653 000	4 460 000	2 082 000	2 111 000
Total Equity	2 993 000	1 025 000	579 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 016 000	2 882 000	906 000	1 100 000
Creditors	384 000	100 000	149 000	310 000
Unpaid Taxes	702 000	165 000	242 000	94 000
Dividends	0	0	0	0
Other Current Debt	397 000	266 000	168 000	265 000
Total Current Debt	1 645 000	554 000	598 000	669 000
Total Equity and Debt	11 653 000	4 460 000	2 082 000	2 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,38 %	43,51 %	40,76 %	27,7 %
Debt-to-Equity Ratio	2,34	2,81	1,56	3,21
Operating Profit Margin	10,4 %	9,24 %	6,94 %	5,01 %
Current Ratio	1,4	2,48	1,16	0,87
Quick Ratio	1,4	2,48	1,16	0,87
Equity Ratio	0,26	0,23	0,28	0,16
Gross Profit Margin	96,06 %	94,93 %	96,73 %	98,96 %